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Third-Party Administrator of Automobile/General Liability and Workers' Compensation Claims
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DESCRIPTION: Authorization to award a contract for Third Party Administrator ["TPA"] of Automobile/General Liability and Workers' Compensation Claims to Hammerman and Gainer, LLC
AGENDA NO: Click or tap here to enter text.
ACTION REQUEST:
? Approval ? Review Comment ? Information Only ? Other
RECOMMENDATION:
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Authorize the Chief Executive Officer to award a contract to Hammerman and Gainer, LLC as Third-Party Administrator ["TPA"] of automobile/general liability and workers' compensation claims for a term of three (3) years, with an option by RTA to renew for an additional two (2) years. The amount of the contract is not to exceed $660,000.
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ISSUE/BACKGROUND:
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Hammerman and Gainer, LLC has been the TPA of automobile/general liability claims for RTA for over fifteen (15) years. In 2021, they assumed the responsibility of handling workers' compensation claims for RTA.
RTA recently issued a Request for Proposals ["RFP"] for a TPA for automobile/general liability and workers' compensation claims. There were two (2) responsive bidders. Of these two (2) bidders, Hammerman and Gainer, LLC has been deemed the most qualified to provide these services to RTA on an ongoing basis.
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DISCUSSION:
HGI has historically performed its work as TPA for the handling of both automobile/general liability and workers' compensation claims in an exemplary manner. The award of this contract to Hammerman and Gainer, Inc. will enable RTA to receive their professional services without interruption. Notably, their capability, professional competence, and resources will provide RTA with optimal claims administration for the next three (3) years.
FINANCIAL IMPACT:
$660,000 [$220,000 per year for a three (3) year term].
Funds for this contract are available from the RTA Operational Budget. Budget Code: 01-8300-02-7070-165-00-00-00000-00000
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